December 26, 1998 major paperwork was complete and Foundation Agreement was signed. On June 17, 1999, with joint forces of two cofounders, a company JSC “Lucent Technologies Sviazstroy-1 FOCC” was created.

In November 2001, the Japanese company Furukawa Electric Co. (FEC) acquired the fiber optic division of Lucent Technologies and formed a joint venture - company OFS with headquarters in Atlanta (USA). So Voronezh company producing fiber optic cable became officially known as JSC "OFS Sviazstroy-1 FOCC" - American-Russian joint venture (JV), which enters the Furukawa group (Japan).